Observations

Feb 2026: 30.0

Updated: Feb 24, 2026 7:37 AM CST

Units:

Index,

Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Current Wages and Benefit Costs; Diffusion Index for FRB - Philadelphia District	2019-09-24	2020-07-23
Current Wages and Benefit Costs; Diffusion Index for Federal Reserve District 3: Philadelphia	2020-07-24	2026-02-24

Source

Federal Reserve Bank of Philadelphia	2019-09-24	2026-02-24

Release

Nonmanufacturing Business Outlook Survey	2019-09-24	2026-02-24

Units

Index	2019-09-24	2026-02-24

Frequency

Monthly	2019-09-24	2026-02-24

Seasonal Adjustment

Seasonally Adjusted	2019-09-24	2026-02-24

Notes

Current Wages and Benefit Costs reports the change in wages and benefit costs compared to the previous month for reporting service firms. The diffusion index is calculated by taking the percent reporting increases and subtracting the percentage reporting decreases. For more information about this release from the Federal Reserve Bank of Philadelphia, visit here. (https://www.philadelphiafed.org/research-and-data/regional-economy/nonmanufacturing-business-outlook-survey/)	2019-09-24	2026-02-24

Current Wages and Benefit Costs; Diffusion Index for Federal Reserve District 3: Philadelphia (WBBNDIF066MSFRBPHI)